Same Business but different Business Plan SCRH and RICK
Take a look at the competition and see how well they are doing and you can see the future for SCORES HOLDING. Just a matter of time. The business plan is good.
RCI Hospitality Holdings, Inc. (RICK) Trading 7.3% Higher on Strong Earnings
Posted by Abby Graham on May 11th, 2016
RCI Hospitality Holdings logoRCI Hospitality Holdings, Inc. (NASDAQ:RICK) shares traded up 7.3% during mid-day trading on Wednesday following a better than expected earnings announcement, Analyst Ratings Network.com reports. The company traded as high as $11.00 and last traded at $10.89, with a volume of 74,110 shares. The stock had previously closed at $10.15.
The company reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.14.
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 27th. Shareholders of record on Friday, June 10th will be paid a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date of this dividend is Wednesday, June 8th.
Separately, Merriman Capital assumed coverage on shares of RCI Hospitality Holdings in a research note on Monday, April 11th. They set a “buy” rating for the company.
The firm has a market capitalization of $108.33 million and a PE ratio of 13.36. The company has a 50-day moving average price of $9.68 and a 200 day moving average price of $9.38.
Rick’s Cabaret International, Inc (NASDAQ:RICK) through its subsidiaries, owns and operates nightclubs that offer live adult entertainment, restaurant and bar operations. The Company has 19 adult nightclubs, out of which six of its clubs operate under the name Rick’s Cabaret; four operate under the name Club Onyx; five operate under the name tic Cabaret; one club operates as Tootsie’s Cabaret and one operates as Cabaret North.
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